Page 1306 - Finance News
IDFC PE, Manpasand Beverages talks fall short
IDFC Alternatives was eyeing a 10% stake in Manpasand, known for its fruit juice brand 'Mango Sip'
Raghuram Rajan sees India's growth rebounding
Exports are stronger, agricultural production is improving, and the nation is tackling medium-run challenges: Rajan
 "Raghuram Rajan sees India's growth rebounding")
Bank of Nova Scotia's new scheme aims to ease gold supply
Gold is the most expensive non-essential import for India
 "Bank of Nova Scotia's new scheme aims to ease gold supply")
Rupee ends at over 2-month high
Appreciation due to talks in US failed to reach an agreement to end budget crisis there
 "Rupee ends at over 2-month high")
IOB's tier-II bonds see CRISIL downgrade
Asset quality, earnings profile to remain under stress
 "IOB's tier-II bonds see CRISIL downgrade")
RBI to launch new RTGS system on Oct 19
The RTGS system would process transactions such as inter-institutional/inter-bank transactions
 "RBI to launch new RTGS system on Oct 19")
Banks borrow Rs 19,001 cr from RBI's 7-day term repo
Cut-off rate set by RBI was 8.80% and range of bids received were 7.60-8.96%
Vijaya Bank cuts rates on auto, consumer durables
Interest rate on consumer durables for salaried class has been slashed by 220 basis points to 12.50% per annum
 "Vijaya Bank cuts rates on auto, consumer durables")
SBT to expand footprint outside Kerala
Opens regional office in Hyderabad
Canara Bank raises $500 mn under its MTN programme
Asian markets subscribed to about 65% of bonds
 "Canara Bank raises $500 mn under its MTN programme")
Cyclone scare: Odisha seeks RBI help to ensure relief payments by banks
Collectors of seven districts asked to begin evacuation
 "Cyclone scare: Odisha seeks RBI help to ensure relief payments by banks")
Corporation Bank cuts lending rates on home, auto loans
Bank cut lending rate on home loans by 0.5%, while the reduction in rates for auto loans is 1%
 "Corporation Bank cuts lending rates on home, auto loans")
SAT asks Sebi to look at RIL consent plea;next hearing on Oct29
SAT has been hearing the appeal filed by RIL against Sebi in the insider-trading case
 "SAT asks Sebi to look at RIL consent plea;next hearing on Oct29")
First tranche of IFC rupee linked $1 bn bonds before 2013
On Thursday IFC, the investment arm of the World Bank announced its plans to raise $1 billion through offshore bond issue
 "First tranche of IFC rupee linked $1 bn bonds before 2013")
Banks' provisions for treasury losses to soar
Yield on 10-year benchmark govt bond 7.16% 2023 had ended at 7.44% on end-June, while it stands at 8.42%
 "Banks' provisions for treasury losses to soar")
RBI sold $2.46 bn in spot market in August
Rupee had weakened significantly in August due to dollar demand
 "RBI sold $2.46 bn in spot market in August")
IFC launches $1-billion offshore rupee bond
IFC will issue rupee-linked bonds and use the proceeds to finance private sector investment in the country
 "24 months a bit too long?")